Today, on September 19 in Baku signed A commercial agreement for the sale of gas from "Shah Deniz" filed under "Step 2" between the consortium "Shah Deniz" companies and importers was signed today in Baku.
According to Gordon Birrell, head of BP-Azerbaijan, the operator of the development of the field "Shah Deniz", 15 distribution companies have expressed willingness to buy gas in the framework of the "Stage 2". They submitted a proposal for the annual purchase of gas in a volume of 20 billion cubic meters. Nine of those companies were selected. The contract was signed for 25 years, and its implementation will begin in 2019. Birrel called the event as a big step in the successful implementation of the project "Step 2".
Gas within the second stage of development, "Shah Deniz" will be delivered to Europe by the Trans Adriatic Pipeline (TAP), starting from 2019.
Among the buyers of gas are Greece, Italy, Belgium and others, including the Bulgarian "Bulgargaz", which is a shareholder of an alternative gas pipeline project Nabucco . --12В--
2013 September 19 (Thursday) 17:12:36
A commercial agreement for the sale of gas in the framework of the "Stage 2" occurred on September 19, in Baku, between the consortium "Shah Deniz" and Italy's Hera Traiding. The information was spread by Hera Traiding Company.
According to the report, the Italian company is committed to purchase annually, under the "Stage 2," 300 million cubic meters of gas. The contract period is for 25 years. Deliveries are expected in 2019.
Gas within the second stage of development, "Shah Deniz," will be delivered to Europe by the Trans Adriatic Pipeline (TAP), starting from 2019.
The official ceremony for the signing of all commercial contracts in the framework of the "Stage 2" between the consortium "Shah Deniz" and European importers will be held at 18:00 o'clock in Baku. --12В--
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